Finance Minister Nirmala Sitharaman on Sunday said that the foundation for achieving the goal of USD 5 trillion economy by 2024-25 has been laid in the union budget which stressed on increasing capital expenditure for infrastructure.

Laid foundation for $5 trillion economy in budget: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Friday said the budget presented by her last week provides a "discreet and considered" stimulus. Speaking to industry representatives in Mumbai, Sitharaman said the Budget draws on experiences of all the past instances of a slowdown in growth where the government has had to provide for a booster.

We ensured discreet and considered stimulus in Union Budget: Nirmala Sitharaman

During the Union Budget announcement on February 1, Twitter witnessed 11 lakh related tweets between January 30 and February 3, 2020. According to Twitter, The Economic Survey, which was also released during the same, also continued to trend on the website for a while.

Twitter recorded 11 lakh-Budget related tweets between Jan 30-Feb 3

Prime Minister Narendra Modi on Tuesday said attempts were made to mislead people on the Union Budget, however, even critics now accept that it is the best budget under the prevailing global economic scenario.

Attempts made to mislead people on Union Budget: PM Modi

On February 1, 2020, the Union Finance Budget was introduced in the Lok Sabha by the Finance Minister of India, Nirmala Sitharaman. Before the introduction of the budget, the main issues concerning the economy were the decline in consumer spending and investments.

Union Budget 2020: Government has taken bold steps to put economy back on track

Former Finance Minister P Chidambaram stated that the Union Budget was one that lacked a narrative similar to a movie which bombed after its first show. He said that the news on Budget had disappeared from media discussions just after two days of it having been tabled.

P Chidambaram likens Budget to flop movie; suggests steps for growth revival

India is in the midst of a slowdown. The expectations were high from this year's budget. Can this budget revive India's economic growth? WION's Palki gets you the WION Edit.

WION Edit: Decoding the 2020 Budget | Gravitas

Does the Budget meet the needs of India's defence modernisation plan? How much aid is India giving to its neighbours this year? WION's Palki tells you what the budget says about India's foreign & defence policy?

Gravitas: What does the Budget say about India's Foreign & Defence policy?

Individuals having an annual salary income of over Rs 13 lakh and availing deductions of up to Rs 2 lakh will save on their tax outgo if they opt for the new tax regime proposed in the Budget, government sources said on Sunday.

Individuals earning salary of over Rs 13 lakh a year to save under new tax regime

The Indian Finance Minister Nirmala Sitharaman is presenting Union Budget for FY 2020-21. This is the second budget for Sitharaman, who became the second woman finance minister after Indira Gandhi to do so in the history of independent India. This is the Budget to boost income and enhance the purchasing power of the people. This budget aims to address hopes and aspirations of all sections of India, said Finance Minister Sitharaman.

Can Indian government revive consumer confidence in Union Budget 2020?

The Modi government presented its 7th budget today. What's in it for you? WION's Palki brings you the five major highlights of this budget.

2020 Budget: What's in it for you? | Gravitas

The Budget didn't just make the news for the announcements. The Finance Minister used quotes and poems from several languages. She made news for what she wore. WION's Palki brings you some standout moments from the budget speech.

2020 Budget: The longest ever budget speech | Gravitas

Finance Minister Nirmala Sitharaman will on Saturday present the budget of the second term of the Narendra Modi government. This will also be the second budget for Sitharaman, who became the second woman finance minister after Indira Gandhi to do so in the history of independent India.

Nirmala Sitharaman to present budget in Parliament today

What was the reaction to the budget? The government is confident that this budget will deliver growth. How are businesses and investors reacting? WION's Palki gets you a report.

Gravitas: The reactions to the 2020 Budget

Major announcements are made on budget day. But, has any progress been made? How are some of the government's flagship initiatives performing? WION's Palki analyses the progress of 5 major government initiatives.

2020 Budget: Is the government living up to its promises? | Gravitas

The Finance Minister covered a lot of ground in her speech. But what was in it for the common man? WION's Palki decodes this year's budget for you.

Gravitas: Budget 2020 and the common man

The Indian Finance Minister Nirmala Sitharaman is presenting Union Budget for FY 2020-21. This is the second budget for Sitharaman, who became the second woman finance minister after Indira Gandhi to do so in the history of independent India.

All eyes on India's Union Budget 2020

Finance Minister Nirmala Sitharaman had a special conversation with WION about the Budget 2020. To know what else she said about the budget, watch this exclusive interview...

Exclusive: Finance Minister speaks to WION after presentation of Budget 2020

The Budget Session of the Indian Parliament commenced on January 31 with an address by President Ram Nath Kovind to the joint sitting of two Houses of Parliament. Today all eyes are on the Indian Finance Minister Nirmala Sitharaman, who will be presenting Union Budget for FY 2020-21. This will be the second budget for Sitharaman, who became the second woman finance minister after Indira Gandhi to do so in the history of independent India.

Indian FM to present Union Budget 2020 shortly

The Budget Session of the Indian Parliament commenced on January 31 with an address by President Ram Nath Kovind to the joint sitting of two Houses of Parliament. Today all eyes will be on the Indian Finance Minister Nirmala Sitharaman as she will present Union Budget for FY 2020-21. This will also be the second budget for Sitharaman, who became the second woman finance minister after Indira Gandhi to do so in the history of independent India.

Indian Union Budget for FY 2020-21 to be presented today

The Indian economy experienced some abrupt slowdown in 2019 due to turbulence in non-banking financial institutions and major reform measures such as GST and demonetisation, but it is not in a recession, International Monetary Fund(IMF) Managing Director Kristalina Georgieva has said.

Indian economy experienced abrupt slowdown in 2019, but it’s not in a recession: IMF MD

Rajya Sabha Chairman M Venkaiah Naidu suggested to all concerned to ensure submission of reports on Demands for Grants of various Ministries by the Department Related Standing Committees (DRSCs) before the budget is approved by the Parliament.

Naidu suggests giving reports on Demands for Grants before budget approval

The Union Budget turned out to be a major disappointment for the market in the form of a wider fiscal deficit (at 3.8 percent) for FY 2020.

Markets' thumb down to Budget 2020, Sensex tumbles almost 1,000 pts

Budget 2020 proposes a new tax regime that includes reductions of income tax slabs to reduce income tax rates and the total tax payable by individuals. Income between Rs 12.5 lakh and Rs 15 lakh will be taxed 25% less than the current 30%. Income above Rs 15 lakh will be subject to 30% tax.

Major relief for taxpayers, new tax slab proposed | Budget 2020

union-budget

Union Budget, News on Union Budget, stories on Union Budget, articles on Union Budget, Union Budget stories at Wion, Union Budget news, Union Budget latest news